Monday, August 17, 2015

Telefonica sells two buildings in Madrid for 42 million euros – Yahoo Finance Spain

MADRID, 17 (EUROPA PRESS)

Telefonica has sold a building in the central Madrid square of Santo Domingo and one in the street Don Ramon de la Cruz, in the district of Salamanca, also in Madrid, as confirmed to Europa Press sources of the company.

This divestiture follows the auction of five properties that made the company last exercise in the form of ‘Sale & amp; Lease ‘, by which Telefónica remains tenant

for 7 years from the date of deed.

In addition, in the first six months of this year the extraordinary sale of buildings in Telefónica Spain assumed the group 19 million euros impact on gross profit before depreciation and amortization (OIBDA), according to the accounts of the company.

‘The Confidential’, being conducted this information, explained that from the sale of these two buildings the company has entered about 42 million.

In addition, the newspaper has indicated that in the first case, after the transaction, Telefonica will remain as a tenant for seven years and Once the contract is completed, the new owner may destine to houses

.

LikeTweet

No comments:

Post a Comment